Allen & Overy (A&O) has announced its year-end bonuses for its US associates, with lawyers pocketing up to $32,500 (£20,700) at the upper end. The magic circle firm yesterday (16 December) announced that its US lawyers would take home a bonus in the range of $17,500 (£11,300) to $32,500.The rates represent a drop of around half compared to last year, when lawyers took home between $35,000 (£22,600) and $65,000 (£42,000) in a January pay out. Associates were last year also handed a special bonus in December of $10,000 (£6,500) to $50,000 (£32,300), depending on seniority.
December 18, 2008 at 08:49 AM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy (A&O) has announced its year-end bonuses for its US associates, with lawyers pocketing up to $32,500 (£20,700) at the upper end.
The magic circle firm yesterday (16 December) announced that its US lawyers would take home a bonus in the range of $17,500 (£11,300) to $32,500.
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